MSP, Content, Networking

Partners Embrace Barracuda MSP’s Email Security Services

Demand for Barracuda's email security services continues to accelerate. Indeed, the company's Barracuda Sentinel service generated 440 percent year-over-year growth in Q1 of fiscal year 2020 compared to the corresponding quarter in 2019.

Also, the company says:

  • Barracuda Essentials, the company’s all-in-one email security, backup and archiving service, saw 46 percent growth in sales year over year.
  • Annual recurring revenue (ARR) for Barracuda MSP’s email protection line grew 122 percent year over year.
  • Barracuda’s email protection business has grown to more than a $200 million annual run rate in FY2019.

What's driving the demand? Recent Barracuda research offers some potential answers. For instance, 78% of organizations say the cost of email breaches is increasing, and 43% of organizations have suffered at least on spear-phishing attack in the past 12 months.

Barracuda Networks has grown both organically and through mergers and acquisitions. The company is owned by private equity firm Thoma Bravo.

Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.